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cisco. tomorrow starts here. >>> vice president joe biden teams up with new york mayor michael bloomberg to push for new gun control laws. they held a news conference a couple hours ago along with some parents of children killed in the newtown school massacre. the vice president talked about the connecticut shootings in making the case for tougher gun laws. >> this is not a constitutional notice, when the ban was in place last year there was no constitutional challenge that went anywhere in existence to the ban. let's get this straight, this is not about anybody's constitutional right to own a weapon. for all those who say we shouldn't and can't ban assault weapons, for all those who say the politics is too hard, how can they say that? when you take a look at those 20 beautiful babies and what happened to them. >> the fierce debate over gun rights and gun control is playing out across the country. and in some very unexpected ways. a new jersey man says social workers and police showed up at
cisco. tomorrow starts here. >>> vice president joe biden teams up with new york mayor michael bloomberg to push for new gun control laws. they held a news conference a couple hours ago along with some parents of children killed in the newtown school massacre. the vice president talked about the connecticut shootings in making the case for tougher gun laws. >> this is not a constitutional notice, when the ban was in place last year there was no constitutional challenge that went...
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fbr downgrades juniper and cisco toeon perform. the company's fbr says will become increasingly more challenged here to offset weaker than expecting routing and demand. in the options market, different story. bulls like juniper, calls outnumbering puts by 18-1. >> josh lipton, thanks so much. >>> still ahead, what a hot sauce on your ncaa brackets have in common. the ceo of buffalo wild wings knows and she'll join us live as march madness fever kicks off a little later on today. >>> plus, cyprus. desperately searching for a plan b today. it must find billions of euros to secure an eu bailout and avert a financial melt down. can it be done? we're going to speak to the harvard kennedy school's professor of economics for her take a little bit later on. ♪ [ male announcer ] this is a reason to look twice. the stunning lexus es. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. >>> >>> in moscow talks are still ongoing between russia and cypriot finance minist
fbr downgrades juniper and cisco toeon perform. the company's fbr says will become increasingly more challenged here to offset weaker than expecting routing and demand. in the options market, different story. bulls like juniper, calls outnumbering puts by 18-1. >> josh lipton, thanks so much. >>> still ahead, what a hot sauce on your ncaa brackets have in common. the ceo of buffalo wild wings knows and she'll join us live as march madness fever kicks off a little later on today....
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cisco is terrific. with that, ladies and gentlemen, is the conclusion of the lightning round. >> lightning round sponsors by dt ameritrade. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ ameritrade. tw ameritrade. t ameritrade. tw ameritrade. s ameritrade. t ameritrade. td ameritrade. rn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ i don't want any trouble. i don't want any trouble either. ♪ [ engine turns over ] you know you forgot to take your mask off, right? [ siren wailing in distance ] ♪ [ male announcer ] introducing the all-new beetle convertible. now every day is a top-down day. that's the power of german engineering. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon i
cisco is terrific. with that, ladies and gentlemen, is the conclusion of the lightning round. >> lightning round sponsors by dt ameritrade. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ ameritrade. tw ameritrade. t ameritrade. tw ameritrade. s ameritrade. t ameritrade. td ameritrade. rn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ i don't want...
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the big loser was cisco. and as you pointed out, maria, probably a reflection of what happened with oracle last night in those earnings. that's down 3.7%. oracle, itself, has been the worst performer among the s&p 500 stocks today, down about 10% today. >> we're keeping one eye on cyprus, but also keeping one eye on the earnings stories. oracle is one of the disasters we're seeing wi, down 9.5%. fedex is another one, which destroyed the transportation average and the bill rally we were seeing. is this a precursor to what we're going to see in a week and a half when the earnings begin rolling in? alan valdez is with us to talk more about the earnings picture. are you hearing concerns from clients in terms of cutting into the profit picture for the s&p 500, given what we're seeing from oracle and fedex? >> no question about it. and cyprus is one of the reasons because of the strong dollar now. we're seeing is a much stronger dollar, plays into those multi-nationals now, a strong dollar hurts them in the long ru
the big loser was cisco. and as you pointed out, maria, probably a reflection of what happened with oracle last night in those earnings. that's down 3.7%. oracle, itself, has been the worst performer among the s&p 500 stocks today, down about 10% today. >> we're keeping one eye on cyprus, but also keeping one eye on the earnings stories. oracle is one of the disasters we're seeing wi, down 9.5%. fedex is another one, which destroyed the transportation average and the bill rally we...
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cisco lost almost 4%, closing at $20.84. >>> and oracle was the biggest nasdaq loser. investors reacted to the warning we told you about last night that oracle's hardware revenue would shrink. the company also said on its earnings called today that its sales staff didn't do a good job on selling on the software side. oracle shares have fell on heavy volume, closing at 32.30, down more than 9.5%. >>> and salesforce.com, on oracle competitor in cloud computing and customer relationship services announced a four for one stock split after the close today. you don't see that very often. sales force was up on the day, ending at $172.73. before it spiked after hours on the news of that split. >>> and air gas, a company that makes industrial gases that other manufacturers use in their processes warned it may fall short in the current quarter because sales fell in february in a key division and didn't recover in march. air gas down over 5%, closing at $97.96. >>> one bright spot today was ross stores, the discount retailer said its latest quarterly income jumped 23% on higher d
cisco lost almost 4%, closing at $20.84. >>> and oracle was the biggest nasdaq loser. investors reacted to the warning we told you about last night that oracle's hardware revenue would shrink. the company also said on its earnings called today that its sales staff didn't do a good job on selling on the software side. oracle shares have fell on heavy volume, closing at 32.30, down more than 9.5%. >>> and salesforce.com, on oracle competitor in cloud computing and customer...
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today, cisco systems was downgraded at sbr capital. cut from underperform to market perform and lowered the price target $17 from $22. on the dow jones industrial average only two names are actually in the green today. wal-mart and boeing. everything else is red, stuart, and led by the number one loser cisco systems. stuart: thanks, nicole. maybe the dow is so much lower because i've got to say that the bailout situation in cyprus continues to unravel. european central bank has given the country about four days, get your act together or you don't get any kind of bailout money and it seems to be that vladimir putin and the russian mob, those guys against angela merkel and the germans, that seems to be setting up shop there. kristin joins us. do you have some experience in this area? >> a little bit. and you look the at the way that russia promotes interest around the world and we see this in cyprus. cyprus made a decision in the '90s, a communist pro russian money a lot of illicit money. stuart: russian mob money. >> and russian tax mon
today, cisco systems was downgraded at sbr capital. cut from underperform to market perform and lowered the price target $17 from $22. on the dow jones industrial average only two names are actually in the green today. wal-mart and boeing. everything else is red, stuart, and led by the number one loser cisco systems. stuart: thanks, nicole. maybe the dow is so much lower because i've got to say that the bailout situation in cyprus continues to unravel. european central bank has given the...
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cisco. tomorrow starts here. cisco. been waiting for the price then hurry, sleep train's beautyrest and posturepedic closeout sale ends sunday. save up to 40% on closeout sets from beautyrest and posturepedic. save hundreds on floor samples and closeout inventory. these prices are falling fast, but these deals won't last. sleep train's beautyrest and posturepedic closeout sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪
cisco. tomorrow starts here. cisco. been waiting for the price then hurry, sleep train's beautyrest and posturepedic closeout sale ends sunday. save up to 40% on closeout sets from beautyrest and posturepedic. save hundreds on floor samples and closeout inventory. these prices are falling fast, but these deals won't last. sleep train's beautyrest and posturepedic closeout sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better...
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cisco systems is low or today. we see the shares tumbling. the new price target to an underperform from a market perform and now have a price target of $17 from $22, and the firm saying there's just reduced demand for switchers and routers and that, ultimately, will hurt the company going forward. back to you. lori: okay, nicole, thank you. forget the dow struggle today. coming up next, you'll hear the case for dow 16,000 in the next 6-12 months. how you should position your investments right now. melissa: plus, jeff flock on a secrecy assignment for us. what his location may be saying about an improving economy. i love a mystery. lori: dollar's down, the dollar against trading partners a little stronger. 1.2899. we're back after this. >> twenty minutes past the hour, i'm jamie colby. this is your fox news minute. iran's clerical leader warning iran will destroy the cities of tel aviv and hyfa saying rapp has a natural right to enrich uranium. and israel's president believes obama will order an attack on iran if necessary. shooting is the las
cisco systems is low or today. we see the shares tumbling. the new price target to an underperform from a market perform and now have a price target of $17 from $22, and the firm saying there's just reduced demand for switchers and routers and that, ultimately, will hurt the company going forward. back to you. lori: okay, nicole, thank you. forget the dow struggle today. coming up next, you'll hear the case for dow 16,000 in the next 6-12 months. how you should position your investments right...
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cisco. tomorrow starts here. thto fight chronic. osteoarthritis pain. cisco. to fight chronic low back pain. to take action. to take the next step. today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have high fever, confusion and stiff muscles or serious
cisco. tomorrow starts here. thto fight chronic. osteoarthritis pain. cisco. to fight chronic low back pain. to take action. to take the next step. today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide....
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charles: cisco. not the cisco that most people think about. we have food outside. everywhere you go there is food. this company has been taking market share for years. they started in 1980. it is an absolute phenomenal company. on the earnings side, you know, the last two earnings, they missed the street. one of the stocks where they want to get into the market. connell: you want to have a conservative pick and you are nervous. charles: a little bit of a pullback. by subscribers earn about 25% cash right now. the bears want to pullback and the bulls want to pullback because you can buy a stock a little bit cheaper. no real big numbers come out for a little while. this is a name that i think people are wondering, you know, i get e-mails all the time. some of the stocks people don't want to do because they are old. this, i think, is perfect for anyone. dagen: they advertise that by the way. charles: they are starting to advertise. it is a big-time company that is actually growing. it is not as awful as the other. dagen: i can always tell if i am eating sycso stuff in
charles: cisco. not the cisco that most people think about. we have food outside. everywhere you go there is food. this company has been taking market share for years. they started in 1980. it is an absolute phenomenal company. on the earnings side, you know, the last two earnings, they missed the street. one of the stocks where they want to get into the market. connell: you want to have a conservative pick and you are nervous. charles: a little bit of a pullback. by subscribers earn about 25%...
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but at cisco, what we do is we allow employees to do these things and they're accountability for their productivity, but we allow them to access these types of content. >> reporter: so enjoy, cisco employees. and as for everyone else, check out with your i.t. manager or try not to get caught. dan simon, cnn, san jose, california. >> fabulous advice. have you filled out your brac t brackets yet? mine are in and so are those for the other cnn anchors. you can following how we're doing, go to cnn.com/brackets. that will take you to our leader board in the cnn bracket challenge. fascinating, right? >>> two very important votes happening right now on capitol hill. cnn's dana bash is as always manning capitol hill. the ryan budget about to be voted on, dana? >> it's being voted on as we speak. and this is something that we do expect to pass on a party line vote, as it has the past couple of years. so this is the first in a couple of votes that the house is going to take before they leave town for two weeks, carol, for spring break. the second vote is perhaps the most interesting and notewort
but at cisco, what we do is we allow employees to do these things and they're accountability for their productivity, but we allow them to access these types of content. >> reporter: so enjoy, cisco employees. and as for everyone else, check out with your i.t. manager or try not to get caught. dan simon, cnn, san jose, california. >> fabulous advice. have you filled out your brac t brackets yet? mine are in and so are those for the other cnn anchors. you can following how we're...
SFGTV: San Francisco Government Television
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trafficking 101 session that we encourage you to attend so we understand this issue in hybrids at seven cisco. thank you to the chief of police, the chief of probation, carmen chu, and we appreciate everyone being here including the district attorney's office for being part of this cause. thank you. (applause) so are you going out tonight? i can't. my parents say i have to be home right after work. ugh. that's so gay. totally gay. ugh. that is so emma and julia. why are you saying, "that's so emma and julia"?
trafficking 101 session that we encourage you to attend so we understand this issue in hybrids at seven cisco. thank you to the chief of police, the chief of probation, carmen chu, and we appreciate everyone being here including the district attorney's office for being part of this cause. thank you. (applause) so are you going out tonight? i can't. my parents say i have to be home right after work. ugh. that's so gay. totally gay. ugh. that is so emma and julia. why are you saying, "that's...
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he is a high-level executive at cisco. he knows what it takes to keep computer network up and running. especially when there are being overtaken by date on or devices streaming ncaa basketball. >> it is like a traffic jam you have wide open lanes and having lot of people streaming a bunch of cars in the lane that will slow it. the road is built character number of cars. cisco has its own basketball court. it seemed like inappropriate place to talk march madness. or s chips called march network madness. according to a survey more than a third of all companies will take action to prepare for some will even then streaming video. >> explain what is march network madness. it is when work is disrupted because not so much before distracted by the game which happens regardless what people were not interested march madness have their jobs close down the cannot access e-mail or search the web because of the people watching video. >> when you have a bunch of people sitting at desks were not working and streaming the games that could
he is a high-level executive at cisco. he knows what it takes to keep computer network up and running. especially when there are being overtaken by date on or devices streaming ncaa basketball. >> it is like a traffic jam you have wide open lanes and having lot of people streaming a bunch of cars in the lane that will slow it. the road is built character number of cars. cisco has its own basketball court. it seemed like inappropriate place to talk march madness. or s chips called march...
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fbr downgraded cisco and juniper to underperform. maria, back to you. >> josh, thank you. march madness is here. not college basketball. my next guest says the fed just demonstrated its own version of march madness. we will talk with jim grant of grant's interest rate observer next. he'll tell us why he says ben bernanke is responsible for slowing down the economy right now and what you can do to get around it. then dennis gartman is calling the situation in cyprus europe's lehman moment. coming up, he'll tell us how this will rock the global markets and where the cash will flow. that and a lot more coming up on "closing bell." (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." onl
fbr downgraded cisco and juniper to underperform. maria, back to you. >> josh, thank you. march madness is here. not college basketball. my next guest says the fed just demonstrated its own version of march madness. we will talk with jim grant of grant's interest rate observer next. he'll tell us why he says ben bernanke is responsible for slowing down the economy right now and what you can do to get around it. then dennis gartman is calling the situation in cyprus europe's lehman moment....
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cisco, ibm and hpq. and part of this is because tech is really dragging its heels today on the back of oracle's surprise to the down side after the bell yesterday. brian, back over to you. >>> mandy, thank you. check this baby out. it just hit the menu at mcdonald's in china. folks, that is not photo shop. that is two beef patties, two fat sausages slathered in mustard. it all comes on a pretzel bun. i think we can all just say, you're welcome, china, as we continue our number one export here in america, obesity. >> yeah, definitely exported it to australia, thank you very much. >> you're welcome as well. i can't wait to go to war with the aussies. we'd be too slow to fight back. >>> beef is getting expensive, and it's thanks to washington. i know a lot of hot air comes out of there, but i didn't realize cow prices were affected by it. >> reporter: yeah. you know, beef prices keep going up. here's what's interesting. beef futures keep going down generally if you look at live cattle futures. that has real
cisco, ibm and hpq. and part of this is because tech is really dragging its heels today on the back of oracle's surprise to the down side after the bell yesterday. brian, back over to you. >>> mandy, thank you. check this baby out. it just hit the menu at mcdonald's in china. folks, that is not photo shop. that is two beef patties, two fat sausages slathered in mustard. it all comes on a pretzel bun. i think we can all just say, you're welcome, china, as we continue our number one...
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cisco. tomorrow starts here. cisco. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> no can >>> no can exit in site for the fed. and the market responded. s&p within striking
cisco. tomorrow starts here. cisco. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. try running four.ning a restaurant is hard,...
SFGTV: San Francisco Government Television
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my name is nancy goldberg, cochair of the seven cisco collaborative against human trafficking. i wanted to introduce my past chair, and my new cochair. when i tell people of my involvement their shock to hear that san francisco is in major definition of human trafficking. they think it is people from other parts of the world. there are also so many right here, from our own bay area communities. in the city that is out of human trafficking we are also committed to being an agent of change. i want to give you a brief history of sf cat, san francisco collaborative against human trafficking. in response to what we saw is a growing problem, four organizations formed up in 2008, the jewish coalition against human trafficking; national council of jewish women, jewish reel fund, -- we then realize would needed a wider coalition in order to be more effective we reached out to a large variety of the government sectors. in february 2008 the jewish coalition held a conference against human trafficking which included agencies such as the san francisco commission on the status of women, repr
my name is nancy goldberg, cochair of the seven cisco collaborative against human trafficking. i wanted to introduce my past chair, and my new cochair. when i tell people of my involvement their shock to hear that san francisco is in major definition of human trafficking. they think it is people from other parts of the world. there are also so many right here, from our own bay area communities. in the city that is out of human trafficking we are also committed to being an agent of change. i...
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cisco. tomorrow starts here. cisco. michael, tell us why you used to book this fabulous hotel? well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. now you can save up to 50% during priceline's spring hotel sale use promo code spring for additional savings on all express deals, including pet friendly hotels. express deals. priceline savings without the bidding. >>> now a cnn exclusive. the story of the president and the beauty queen. they are from different continents and decades apart in age, but they have one thing in common, the most unusual background and rise to fame of any of their predecessors. among the israeli leaders and dignitaries at tonight's state dinner for president obama in jerusalem, a surprise last-minute guest, miss israel 2013. she attended the gala after the white house specifically asked for her to be invited just lasted week. she made history, becoming the first miss israel of ethiopian heritage since the pageant began in 1950. she relocated to isr
cisco. tomorrow starts here. cisco. michael, tell us why you used to book this fabulous hotel? well you can see if the hotel is pet friendly before you book it, and i got a great deal without bidding. and where's your furry friend? oh, i don't have a cat. now you can save up to 50% during priceline's spring hotel sale use promo code spring for additional savings on all express deals, including pet friendly hotels. express deals. priceline savings without the bidding. >>> now a cnn...
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morgan chase, merck, corning, boeing, goldman sachs, microsoft, caterpillar, cisco systems, dow chemicals, major, profitable corporations using tax havens to avoid paying in the united states of america. we have an amendment to deal with that issue, and i hope we can have bipartisan support for that amendment. mr. president, i want to talk about my second amendment, and now i speak as chairmen of the veterans' committee. this amendment, number 198, would establish a deficit-neutral reserve fund to protect the benefits of disabled veterans and their survivors by not enacting the so-called chained c.p.i. i'm pleased that this amendment is being cosponsored by senators had a harkin and hirono. mr. president, the time has come for the senate to send a very loud and clear message to the american people. we will not balance the budget on the backs of disabled veterans who have lost their arms, their legs and their eyesight defending our country. we will not balance the budget on the backs of the men and women who have already sacrificed for us in iraq and afghanistan, nor on the widows who have
morgan chase, merck, corning, boeing, goldman sachs, microsoft, caterpillar, cisco systems, dow chemicals, major, profitable corporations using tax havens to avoid paying in the united states of america. we have an amendment to deal with that issue, and i hope we can have bipartisan support for that amendment. mr. president, i want to talk about my second amendment, and now i speak as chairmen of the veterans' committee. this amendment, number 198, would establish a deficit-neutral reserve fund...
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your bloomberg silicon valley index lower on shares of oracle and cisco. and march madness tips into high gear today, one fan is marissa my yes, she tweeted out she set up a bracket and urged torjz come play against her. at bloomberg studios in san francisco, i'm emily chang, back to you. >> thank you. >> two an expedition by jeff besos pulled up engines after lift off he just fell back into the ocean. >> spencer christian is here with weather. >> i think you can hold off three minutes. >> things looking great. great day for a line or not. crowd free sky. winds picking up a little bit. forecast features clear and gusty. this pattern holds into the weekend. here is a look at satellite showing a big strong ridge of high pressure that will continue fosh a while but wind flow is giving us a warm up and producing gusty winds starting at 7:00 this evening. strongest winds along the coastline. notice that changes overnight. and into the delta area by 9:00 41 miles per hour gusts at fairfield still near coastline but not as strong as delta area. overnight tonight
your bloomberg silicon valley index lower on shares of oracle and cisco. and march madness tips into high gear today, one fan is marissa my yes, she tweeted out she set up a bracket and urged torjz come play against her. at bloomberg studios in san francisco, i'm emily chang, back to you. >> thank you. >> two an expedition by jeff besos pulled up engines after lift off he just fell back into the ocean. >> spencer christian is here with weather. >> i think you can hold...
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cisco. tomorrow starts here. >>> welcome back to "starting point." no plea deal for major nidal hasan, charged with killing 13 people at the ft. hood military base. he was willing to plead guilty under certain conditions, but the court-martial judge rejected those. >>> the american academy of pediatrics is coming out in support of same-sex marriage. the academy announced its support in a ten-page report. it studied scientific literature from the past four years and found that children's well-being is affected much more by the strength of family relationships than by the parents' sexual orientation. >>> nbc says it is building a new studio in new york for jimmy fallon, but that is all they're saying. at least for now. meantime, "the new york times" is reporting fallon will replace leno as "the tonight show" host. the show will return to new york. the only thing not set in stone is nbc's timetable for the changes. jimmy fallon addressed the news in his monologue last night. >> before we get started i have to talk about the rumors that came out today wh
cisco. tomorrow starts here. >>> welcome back to "starting point." no plea deal for major nidal hasan, charged with killing 13 people at the ft. hood military base. he was willing to plead guilty under certain conditions, but the court-martial judge rejected those. >>> the american academy of pediatrics is coming out in support of same-sex marriage. the academy announced its support in a ten-page report. it studied scientific literature from the past four years and...
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cisco. tomorrow starts here. >>> the euro group's leader is doing this as the country scrambles to put together a rescue plan. he says he thinks the levy on bank deposits is inevitable. he also says he takes full responsibility for the original bailout package. >> a package that would have been much bigger than 10 billion simply wouldn't have given any fair chance to a recovery for cypr cyprus. so in that balance between a package not too big allowing for a new future for cyprus, finding a contribution from the cypriot economy itself, it's inevitable in the view of the euro group that a contribution was made from the depositors. >> now, yesterday, markets may have a different idea or do they? joining us from new york, joe levonra from deutsche bank. you think the fed could exit or start to exit by the end of the year? >> kelly, i think they can really stop the pace of qe. i think that what will happen is over the next two months, job growth will continue to be over 2,000. and i think in that
cisco. tomorrow starts here. >>> the euro group's leader is doing this as the country scrambles to put together a rescue plan. he says he thinks the levy on bank deposits is inevitable. he also says he takes full responsibility for the original bailout package. >> a package that would have been much bigger than 10 billion simply wouldn't have given any fair chance to a recovery for cypr cyprus. so in that balance between a package not too big allowing for a new future for cyprus,...
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except it has a good balance sheet, so you're okay there, but cisco is a real competitor, i try not to look at it ever again. thanks for the tweet. >> this one's gr guy. enjoyed your fast money reference. keep up the good work. >> westchester is a suburb. we call it a wedge. >> hero is what they call it on long island. >> that's loser stuff. way to go. love them. >> keith, we're going to not have one for keith. no, no time. [ laughter ] we'll come right back. stay tuned. >> i'm back, i'm here, pick up the phone! aw this is tragic man, investors just like you could lose tens of thousands of dollars on their 401(k) to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash, there's a couple of ways you could do it. ♪ ♪ or just go to e-trade and save it. boom. ♪ otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more ti
except it has a good balance sheet, so you're okay there, but cisco is a real competitor, i try not to look at it ever again. thanks for the tweet. >> this one's gr guy. enjoyed your fast money reference. keep up the good work. >> westchester is a suburb. we call it a wedge. >> hero is what they call it on long island. >> that's loser stuff. way to go. love them. >> keith, we're going to not have one for keith. no, no time. [ laughter ] we'll come right back. stay...
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cisco. tomorrow starts here. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -- [ loud r&b on car radio ] i'm going on break! the more you bundle, the more you save. now, that's progressive. >>> keeping them honest. today the centers for disease control say that 1 in 50 children in the u.s. have some degree of autism. it's an attention-grabbing figure. last year, the same government agency, the cdc, put that number much lower at 1 in 88. at first this new number sounds like a huge increase which led us to dig in and dig deeper and look closer at how the cdc arrived at the new number of 1 in 50. it turns out, it was through a phone survey of parents. the cdc didn't actually evaluate any children. they didn't look at a single medical record or any other documentation. they just called up parents and those parents who responded said ultimately -- came out to be 1 in 50. we're not suggesting these parents lied or misled the cdc, but the question is
cisco. tomorrow starts here. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -- [ loud r&b on car radio ] i'm going on break! the more you bundle, the more you save. now, that's progressive. >>> keeping them honest. today the centers for disease control say that 1 in 50 children in the u.s. have some degree of autism. it's an attention-grabbing...
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cisco. tomorrow starts here. britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. >>> big change could be coming to late-night tv. there are reports jay leno is out and jimmy fallon will be taking over "the tonight show." or new grilled lobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 coupon on two lobsterfest entrees. >>> crime and punishment tonight. the fbi says it believes it knows who is behind the biggest art heist in history in the united states. but still no sign of the missing masterpieces. it happened 23 years ago this week. thieves dressed as security officers duped security guards at isabella ste
cisco. tomorrow starts here. britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson....
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cisco downgraded today. should we be more worried about tech spending than perhaps we are? >> look, again, i think that there's a lot of kind of back and forth on this right now. we really haven't seen this enterprise software spending kick n.by the way, our overweights right now are in the semiconductors and the hardware. but obviously if we think that the market is getting a bit too -- discounting top of of a slowdown and we think that the -- that ultimately the software story will be reflected in terms of this technology buildout cycle then we'll use that opportunistically to increase our exposure as well. >> mike, appreciate having you on. >> thanks, guys. >> make ryan. back to josh lipton at hq and the markets desk. >> hey, scott, check out oracle which is deep in the red. the software-maker pinning the blame on its sales force for a miss in third-quarter software sales. the street reacting. a number of brokerages cutting their price targets, including rbc, steiffel and webbush. >> there are analysts defending the company, and the company is pointing out that this is n
cisco downgraded today. should we be more worried about tech spending than perhaps we are? >> look, again, i think that there's a lot of kind of back and forth on this right now. we really haven't seen this enterprise software spending kick n.by the way, our overweights right now are in the semiconductors and the hardware. but obviously if we think that the market is getting a bit too -- discounting top of of a slowdown and we think that the -- that ultimately the software story will be...
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jabil circuit, another loser after its forecasts were short of expectations and cisco lower on a downgrade. sue, back to you. >>> we're down 85 points now on the dow jones industrial average. perhaps some of that money is seeking the bond market. let's find out. rick santelli's tracking the action for us. hi, ricky. >> reporter: hi, sue. whether it's money coming out of stocks or just money from somewhere, it almost doesn't matter, and between the weakness in equities and early headlines out of cyprus, you see on the intraday chart, that established the session. we're basically down four basis points. right now 192 yield. should we close in this zone, it will be a two-week close. doesn't look like a positive formation if you're looking for yields to move higher. it's really exaggerated by looking at year to date, a boon. the boon right now, at a 56 basis point deficit to the treasuries. that's a wide spread. and the last two-day chart of the euro versus the dollar. should it break through 1.28.80, it could challenge the current four-month lows versus the greenback. sue, back to you. >> ric
jabil circuit, another loser after its forecasts were short of expectations and cisco lower on a downgrade. sue, back to you. >>> we're down 85 points now on the dow jones industrial average. perhaps some of that money is seeking the bond market. let's find out. rick santelli's tracking the action for us. hi, ricky. >> reporter: hi, sue. whether it's money coming out of stocks or just money from somewhere, it almost doesn't matter, and between the weakness in equities and early...
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company, cisco, set up where they were hiring young engineers because they were so well qualified, so talented, and there is a great hunger for those kinds of skills. strong,if you have a independent state that is peaceful. all the talent that is currently being untapped that could create jobs, businesses, and prosperity throughout this area. i absolutely belief it is still possible. but i think it is very difficult. i think it is difficult because all sorts of political constraints on both sides. i think it is difficult, frankly, because sometimes we know what compromises have to be made in other words to achieve -- in order achieve peace it is hard to admit those compromises have to be made. because people want to cling on to their old positions and want to have 100% of what they want or 95% of what they want instead of making the necessary compromises. as a politician, i can say, it is hard for political leaders to get too far ahead of your constituencies. presidentue for netanyahu and it is probably true for president abbas as well. if we can get direct negotiations started again,
company, cisco, set up where they were hiring young engineers because they were so well qualified, so talented, and there is a great hunger for those kinds of skills. strong,if you have a independent state that is peaceful. all the talent that is currently being untapped that could create jobs, businesses, and prosperity throughout this area. i absolutely belief it is still possible. but i think it is very difficult. i think it is difficult because all sorts of political constraints on both...
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this is kuester -- everybody says the cisco -- the sequester was terrible. it was only done as a result of the republican blackmail on the debt ceiling. we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for it. they say if you increase the debt ceiling coming up to cut spending by an incredible amount. over 10 years. white 10 years? arbitrary. -- why over 10 years? arbitrary. 2.4 congress voted for $ trillion in cuts. 2 trillion -- the sequester makes no sense at all. from our point of view, we do not have a that crisis or deficit crisis. we have a jobs crisis. we have reduced the deficit. the only intelligent way to measur
this is kuester -- everybody says the cisco -- the sequester was terrible. it was only done as a result of the republican blackmail on the debt ceiling. we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77...